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CBN Moves MPC Meeting to Feb 19-20 Over CPI Data Delay

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CBN Moves MPC Meeting to Feb 19-20 Over CPI Data Delay

The Central Bank of Nigeria has announced a new date for the 299th meeting of its Monetary Policy Committee (MPC), shifting it from the initially scheduled February 17 and 18, 2025, to February 19 and 20, 2025.

The apex bank in a statement yesterday, noted that its decision emerged due to delays by the National Bureau of Statistics (NBS) in releasing the rebased Consumer Price Index (CPI).

It noted that with a confirmed date now set, economic analysts and financial market stakeholders are turning their attention to the CBN’s next move on the Monetary Policy Rate.

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